{"id":8209,"date":"2017-07-05T09:22:19","date_gmt":"2017-07-05T13:22:19","guid":{"rendered":"https:\/\/trades.iwopremium.com\/?p=8209"},"modified":"2017-07-05T09:22:19","modified_gmt":"2017-07-05T13:22:19","slug":"proactive-spreads-july-5th-2017-nflx-tsla","status":"publish","type":"post","link":"https:\/\/trades.iwopremium.com\/proactive-spreads-july-5th-2017-nflx-tsla\/","title":{"rendered":"Full Time Profits, July 5th 2017 – NFLX, TSLA"},"content":{"rendered":"

\"\"<\/p>\n

I hope you all had a wonderful, relaxing break away from the markets!<\/p>\n

We’re looking at a chart of the Nasdaq 100, which has significantly deteriorated since I started looking for further weakness last month.<\/p>\n

This correction is rotational in nature. While tech is getting hit, banks and small cap stocks are seeing a ton of money flow. Normally when a “big correction” hits, it takes everything with it. The fact that only particular sectors are seeing weakness is still a fairly bullish sign.<\/p>\n

Trade #1: NFLX<\/h2>\n

\"\"<\/p>\n

This is a carryover from a previous trade idea, but because earnings are up soon and enough time has gone on, we need to change up the trade setup.<\/p>\n

Trade Setup<\/strong><\/p>\n

Expected Price: 145<\/p>\n

Sell to Open NFLX Aug 125\/120 Put Spread<\/strong><\/p>\n

Tier 1:\u00a0Open at 0.65, Close at 0.15<\/p>\n

Tier 2: Open at 0.95, Close at 0.65<\/p>\n

No Tier 3 Until After Earnings<\/p>\n

Trade #2: TSLA<\/h2>\n

\"\"<\/p>\n

We played this back on the short side on June 8th, and it worked out great. Now I’m looking for a pull into the 50 day moving average, as well as previous resistance becoming support.<\/p>\n

Trade Setup<\/strong><\/p>\n

Expected Price: 330<\/p>\n

Sell To Open TSLA Aug 280\/275 Put Spread<\/strong><\/p>\n

Tier 1: Open at 0.90, Close at 0.30<\/p>\n

Tier 2: Open at 1.30, Close at 0.90<\/p>\n

No Tier 3 Until After Earnings<\/p>\n","protected":false},"excerpt":{"rendered":"

I hope you all had a wonderful, relaxing break away from the markets! We’re looking at a chart of the Nasdaq 100, which has significantly deteriorated since I started looking for further weakness last month. This correction is rotational in nature. While tech is getting hit, banks and small cap stocks are seeing a ton […]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_bbp_topic_count":0,"_bbp_reply_count":0,"_bbp_total_topic_count":0,"_bbp_total_reply_count":0,"_bbp_voice_count":0,"_bbp_anonymous_reply_count":0,"_bbp_topic_count_hidden":0,"_bbp_reply_count_hidden":0,"_bbp_forum_subforum_count":0,"_genesis_hide_title":false,"_genesis_hide_breadcrumbs":false,"_genesis_hide_singular_image":false,"_genesis_hide_footer_widgets":false,"_genesis_custom_body_class":"","_genesis_custom_post_class":"","_genesis_layout":""},"categories":[24],"tags":[],"_links":{"self":[{"href":"https:\/\/trades.iwopremium.com\/wp-json\/wp\/v2\/posts\/8209"}],"collection":[{"href":"https:\/\/trades.iwopremium.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/trades.iwopremium.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/trades.iwopremium.com\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/trades.iwopremium.com\/wp-json\/wp\/v2\/comments?post=8209"}],"version-history":[{"count":1,"href":"https:\/\/trades.iwopremium.com\/wp-json\/wp\/v2\/posts\/8209\/revisions"}],"predecessor-version":[{"id":8213,"href":"https:\/\/trades.iwopremium.com\/wp-json\/wp\/v2\/posts\/8209\/revisions\/8213"}],"wp:attachment":[{"href":"https:\/\/trades.iwopremium.com\/wp-json\/wp\/v2\/media?parent=8209"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/trades.iwopremium.com\/wp-json\/wp\/v2\/categories?post=8209"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/trades.iwopremium.com\/wp-json\/wp\/v2\/tags?post=8209"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}